Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
31 GREENBANK AVENUE is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £526,000 in February 2022, which was around 34% below the average February 2022 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows seven sales for 31 GREENBANK AVENUE since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. All of the seven 31 GREENBANK AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2022 25 FEB | £526,000 | £796,882 | 34% below HPI |
2017 18 OCT | £400,000 | £652,708 | 39% below HPI |
2009 17 DEC | £295,000 | £399,996 | 26% below HPI |
2007 19 OCT | £285,000 | £443,971 | 36% below HPI |
2000 7 DEC | £128,000 | £210,020 | 39% below HPI |
1999 16 JUL | £92,950 | £154,412 | 40% below HPI |
1996 14 MAR | £62,250 | £94,850 | 34% below HPI |
The below graph shows the average detached house price in the Brighton and Hove local authority area over time, sourced from the HPI. The seven 31 GREENBANK AVENUE sales between March 1996 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
31 GREENBANK AVENUE is 108m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of detached houses by size in Brighton and Hove, and where 31 GREENBANK AVENUE lies on this distribution: 39% of detached houses are smaller than 31 GREENBANK AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.
31 GREENBANK AVENUE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 31 GREENBANK AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 31 GREENBANK AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
31 GREENBANK AVENUE is located in SALTDEAN, in the BN2 postcode district. The below map shows the position of No. 31 on GREENBANK AVENUE.